75927 results returned for search: "" category "Business"
Insurer Argus Group Holdings Ltd’s profit for the first six months of its financial year fell by 77 percent to $1.6 million, chiefly as a result of unrealised losses in the value of its fixed-income investments.
Argus chief executive officer Alison H...
DATE: Dec 16, 2013
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Government of Bermuda’s senior notes will yield 4.75 percent, indicating a healthy demand for the bond.
When Finance Minister Bob Richards announced the bond offering at the beginning of August, he said he could not prejudge what the interest rat...
DATE: Dec 16, 2013
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CATEGORY:
Other
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Dear Dave,
What would you recommend for 401(k) contributions while getting out of debt?
Chaz
Dear Chaz,
I recommend putting a temporary stop to investing while you’re getting out of debt. Lots of people are shocked by this advice, because they’re a...
DATE: Dec 14, 2013
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CATEGORY:
Personal Finance
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The comments are many.
“It is just does not seem fair, many long-term residents have waited forever just to obtain the right to live here. Others have greatly contributed to the economy, but have no rights at all; they are just considered plain old ...
DATE: Dec 14, 2013
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CATEGORY:
Personal Finance
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Bermuda’s reinsurers will be among those paying out estimated claims of between $960 million and $1.9 billion related to high winds that battered parts of Western Europe last week.
The range represents the preliminary estimate of catastrophe modellin...
DATE: Dec 13, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Retailers are taking advantage of the temporary lifting of Sunday opening hour restrictions announced last week in the House of Assembly, Paula Clarke, chairman of the Retail Division of the Bermuda Chamber of Commerce, said yesterday.
Regulations cu...
DATE: Dec 13, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Tax loopholes in the EU which led to Bermuda coming under fire as a “tax haven” are to be closed.
The EU has moved to end the practice of firms moving money around member states to avoid tax — a method used by internet giant Google, with billions end...
DATE: Dec 13, 2013
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Two senior international business executives have said they believe there is likely to be a softening of the market in 2014.
William Pollett, president and chief executive officer of Blue Capital Management Ltd, and Matthew Wilken, president of Argo ...
DATE: Dec 13, 2013
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CATEGORY:
Reinsurance
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The Bermuda Stock Exchange fell 14.16, closing the week at 1,182.13.
Bank of NT Butterfield Ltd and Bank of NT Butterfield Preference Shares were the only movers. Butterfield’s preference shares closed unchanged at 182.00 on a volume of 20, while Bu...
DATE: Dec 13, 2013
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CATEGORY:
Bermuda Stock Exchange
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The year of 2013 will be remembered in the annals of retail history as a tough period, but it hasn’t stopped shop owners from making new investments and thinking out of the box.
This Christmas shopping season sees the reopening of Stefanel, the Itali...
DATE: Dec 13, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
